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and i'll fix that. if there are improvements come a senator that you to suggest, please let us know that the insurance is required and important because the federal government is helping to fill the gap, hope to file quickly ended at the good sometimes insurance proceeds can be slow and frankly some insurance come and is there better than others about honoring the contracts they have with these businesses and that's another important oversight that i hope the committee jurisdictions, which is not this committee, can provide in this recovery. are there any other questions because i'd like to be to the second panel and give them an opportunity. anything else you will want to add quick >> no, ma'am, thank you. >> we been hit with the $60 billion request -- did that come to the white house? >> it did. the white house and appropriations committee has reviewed it. >> were part of that is attributable to her within this committee's jurisdiction. does anybody have an idea? [inaudible] [inaudible] >> -- 40 million for the economic initiatives who discuss and 10 million for the ig. >> how muc
not to meet with us. the message about our concern, again, not just those of the united states but britain and france come we traveled there as the t-3, three permanent members of the security council who have worked together on many issues. but we did speak with the foreign minister, plus some of her colleagues. again, we raised the issue of the need to and outside support. as in previous discussions, the rwandan government strongly, vehemently denies that it is providing any assistance to the m23, and it has not taken the steps of publicly denouncing on a bilateral basis the m23. so we have raised this, and it's important that we continue to monitor this as others in the international community do on a very, very close basis. with respect to your second question about international support, or at least our bilateral support to the rwandan government, i start with what i said to congressman marino earlier, is that they utilize their international assistance, not only from us in particular, but others very, very effectively and to use it with great integrity. people get it. we are not prov
a lot of what we read their is a discussion between u.s. regulators, foreign regulators and often concern on the harmonization between the two, and both the pro methodology use of language because many of us are starting to see a more complex world coming in where others multiple product wrapped in their and if there's a currency okay that might be exempt. there might be a package that actually has from both of you that sort of harmonization really does become important. is there a difference between the way your regulatory bodies are approaching these? >> we have worked together and harmonize on the definitions that you just mentioned about the swaps and mixed swaps and security based swaps so i think the public has a great deal of guidance and the rules but to the extent they need to come back on the package we would address it together. >> mr. cook do you have any incumbent new york city in different approaches is that cultural between the two regulatory bodies? >> i can't speak to the cftc statute but one of the reasons it drove us to the rulemaking in the context is that we l
>> live from berlin, this is the "journal" on dw. a school shooting in the u.s. state of connecticut leaves dozens dead. we will go live for the latest. >> in germany, investigators say the attempted bombing here this week proves islamist terrorists are at work in the country. >> a german lawmaker plans to send patriot missiles to turkey's border with syria. a shooting at a school in the united states -- 27 people reported dead. most of them children. >> it happened friday morning at an elementary school in the state of connecticut. a parent inside the school at the time reports hearing was sounded like at least 100 rounds being fired. >> this is the scene at sandy hook elementary school. sources saying the suspect is also among the dead and that the body is in a classroom at the school. police say they have recovered two weapons from the suspect. the students kindergarten through fourth graders were all evacuated to a nearby fire station. all schools in the area are under lock down right now. >> law enforcement officials has -- have confirmed the shooter has been foun
these technology companies, making sure that we can work with other cities. i am very lucky to be part of the u.s. conference of mayors, and they allow me to represent san francisco as the innovative center for all the rest of the cities across the country. so we get to compare information and there. what these days i will get to talk to you while i am in washington, d.c., and you can hear what i am saying across there, so we can enjoy it -- wherever i go, you know i will be working and not fooling around. finally, we also are using technology to join our private companies in hiring san franciscans. hopefully some of your kids, some of your grandkids as well, are going to enjoy some of these great jobs in san francisco, because the companies that are here, many of them have agreed to use the virtual hiring practice called hiresf.org and share the technology to hire online send franciscans. we're doing the right here in our great city. i have a chief innovation officer, jane, who is working in my office. he keeps a good connection for both me and them members of the board of supervisors to share i
ground. >> susie: i'm susie gharb. the u.s. stock markeis expeed to be the world's best performer in 2013. that's the prediction of john rogers of the c.f.a. institute. he joins us tonight. >> tom: and new rules for health care also are around the corner. tonight, we look at how small businesses are preparing for the changes. >> susie: that and more tonight on nbr! >> tom: there's no deal, but the two sides are still talking. house speaker john boehner and president obama met earlier this evening at the white house in an effort to move forward the stalled fiscal cliff talks. there are now just 18 days before the tax hikes and spending cuts thatake up the clf take efft, and today, there were few signs of progress. as darren gersh reports, the tone of the talks, if anything, is getting worse. >> reporter: house democratic leader nancy pelosi may just have a second career as a stock analyst. her commentary on the markets today was dead on. >> so far, they trust that we would not be so stupid as to go over a cliff. >> reporter: but pelosi made clear what everyone knows-- time is running out t
them like they used to. cbs 5 reporter joe vazquez explains why the numbers are down so much. >> reporter: as we drove the streets of oakland this afternoon the only police cars we saw were parked at the oakmont police substation. truth is site of a cop pulling over a car is more rare. the number of police stops in oakland is down some 75% from a few years ago. that's according to numbers obtained by the "chronicle" which shows oakland police made about 68,000 stops in 2008 and 2009. in 2010, the number went down to 49,000. in 2011, another huge drop to about 25,000. and by the end of this year, the projected number of police stops in oakland will be 15,733. police cite factors including layoffs which reduced the police force by 25%, cops running from one 911 call to another making it harder to make stops in between. also, special investigative and traffic teams have been disbanded including the motorcycle squads. >> just the motorcycle squads alone would be responsible for an average of 35,000 stops so that's probably the most contributing factor i can point to. >> reporter:
photoings to us. we spoke to debbie. she works across the street from the fire. she told us she heard the roof collapse and then saw the debris falling. take a look at this video. this was sent to you report it. that's the thick, black smoke we have been talking about. but it's an important complex in the foreground. and the smoke pouring from the building, behind t. no injuries aren'ted at the scene -- reported at the scene. no one's gone to the hospital with respiratory problems. we have posted videos and photos on our web site. >> ominous looking at the sky. now at 4:00, a surprise in washington. u.n. ambationz dorsusan rice has taken herself out of the running for the secretary of state. >> she had been the frontrunner the federal post. she faced criticism from senate republicans who have taken issue with her initial statements about the u.s. consulate attack in benghazi, libya. rice submitted a letter to president obam apredicting the confirmation process would be lengthy, time consuming and costly. noting the unfairness of the attacks, massachusetts senator, john kerry is now th
and a cacophony of criticism. in a letter to the president today, u.s. ambassador to the united nations susan rice wrote, "the position of secretary of state should never be politicized. i am saddened that we have reached this point even before you have decided whom to nominate." and she shared the news on nbc. >> i didn't want to see a confirmation process that was very prolonged, very politicized, very distracting and very disruptive, because there are so many things we need to get done as a country. >> reporter: just weeks ago, rice, a tough and smart rising star in the obama administration, was the president's top choice to serve as the next secretary of state. but she drew a lightning storm of republican criticism for repeating talking points from the intelligence community that seemed to critics to downplay the terrorist attack on the diplomatic compound in benghazi, libya. >> what this began as was a spontaneous -- >> the concerns i have are greater today than they were before and we're not even close to getting basic answers. >> it is clear that the information that she gave the american p
in the next couple of days or the very beginning of next week for us to have engineered our way to a solution. >> reporter: the fiscal cliff is really a negotiation between two men, and one of them today was not sounding very happy. house speaker john boehner brought out the charts to make his case. >> here we are at the eleventh hour, and the president still isn't serious about dealing with this issue right here. it's this issue-- spending. >> reporter: the president left his spokesman to respond that republicans were pushing a plan of fantasy economics that raised more revenues while also cutting taxes on the wealthy. >> what spending cuts have the republicans put forward? the proposal that we've seen is a two-page letter, and the much- discussed second proposal is less than half a page. there is no specificity behind what the republicans have put forward. >> reporter: right now, the risk is rising that we will avoid the fiscal cliff, but end up with what some call a worst case outcome. >> we get some sort of hoaky deal that's put together with gimmicks and baseline adjustments and all that
regime, the threat of chemical weapons. the u.s. rushes to protect an ally that shares a border with syria. >>> susan rice bows out. john kerry gets a lot of buzz. who will be the next secretary of state. >>> it works like a printer and plastic parts. some worry it will make plastic guns. ♪ we've been in the sky for our love ♪ -- >> what's up? how are you doing? >> imagine that, what would you do if stevie wonder walked into your recording session. c "en newsroom" starts right now. good morning, everyone, from washington, i'm don lemon. carol is off today. we begin this hour with spiraling concerns over syria and a desperate regime trying to hold on to power. this morning, washington announces it's deploying two patriot missile batteries and 400 troops to our nato ally turkey. it will bolster defenses to syria against its scud missiles and possible chemical weapons. >> it's a challenging time. it's a challenging time. it's a critical time. we just announced, just announced this morning that we are deploying two patriot batteries here to turkey, along with the troops that are
culture is "the family". we may have our dysfunctions but our families never dessert us and my family didn't know much with the lgbt issue so when i came out of the closet i thought they would be so upset i would lose them. wouldn't happen. once my son had a sign that said "i love my gay son that never calls" and that is it and i want to welcome the counsel general and his partner and actually we share a vice, and it's called napoli. i think i can say it right. (. [speaking foreign language] . we don't want you to do that but want to work out programs to share our fabulous culture and again thank you. [applause] >> hello. i am honored. i am david chiu president of the board of supervisors. i fall in a long line of succession of italian presidents at the board of supervisors. i am here honored to be supporting our board and my colleague scott wiener and representing the oldest italian neighborhood here on the west coast and i know you have heard from leno and amaino i want you to know my italian friends introduce me as david chiu o. 20 years ago like every elected that didn't
of tragedy they're feeling. these are some of the folks this is what they're telling us. i want to bring them in. >> you've been crying. >> yes. >> is it because of what you saw? >> no, they wouldn't even let us in the building. all i can say is that one of the cops that, you know, the worst thing he had ever seen in his entire career, but it was when they told the parents, all the parents were waiting for their children to come out, they thought they were, you know, still alive. and there is 20 parents that were just told their children are dead. it was awful. >> and you were unable to do anything. >> right. we knew at one point they asked the ambulances to leave, that they didn't need them and we knew that wasn't a good sign. >>> i'm wolf blitzer in washington. we're continuing our breaking news coverage of a dramatic, horrific story, unfortunately, unfolding in connecticut right now. in newtown, connecticut, at a small elementary school. the sandy hook elementary school. for those of you who are just tuning in, we are now getting numbers, our own john king reporting, quoting law enforcemen
garden. located just across from the tea garden is the awesome segue tours there are two ways to use a scooter to venture through golden gate park. tour or a rental in the company of a guard that can whiz you through the park tour and see the conservatory of flowers. >> so much fun. woo. >> segways on a echo way to see gold park. check it out and stop by after your tour of the tea garden. it's a great way to play in the park. this way you can chill in the japanese garden go to the tea house and then segway here at golden gate park. >> hi. i am cory with san francisco and we're doing stay safe and we're going to talk about what shelter in place or safe enough to stay in your home means. we're here at the urban center on mission street in san francisco and joined by carla, the deputy director of spur and one of the persons who pushed this shelter in place and safe enough to stay concept and we want to talk about what it means and why it's important to san francisco. >> as you know the bay area as 63% chance of having a major earthquake and it's serious and going to impact a lot
firearms were used are evolving. what we do know is that the gunman's mother, nancy, was a kindergarten teacher it he school and is among those killed. with the death toll encompassing many of her kindergarten students, children 5 and 6 years old. an emotional president addressed the tragedy just a few moments ago. >> i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children, beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them, birthdays, graduations, weddings, kids of their own. these children are our children, and we're going to have to come together and take meaningful action to prevent more tragedies like this regardless of the politics. >> the president speaking there of his grief, sharing his feelings as a father as well as a president. as the nation reels from the shock and grief of this unthinkable crime, with young children as the most tragic victims and witnesses. >> well, when i was out in the hall when like everybody hurried. the bullets
on the reaction to these figures, we have rob doddson with us. rob, welcome. it appears ta stronger services may be weaker on the manufacturing relative to expectations, at least, but the message broadly is still contraction. >> that's the case. we're seeing the pmi indexes track a bit higher over the last few months. so nothing spectacular there. but this does raise hopes that maybe we could see growth coming into the first quarter. the eu, banking -- things like nap but, again, still down. >> not great news for france if we start to look at some of the indexes. there's a lot of focus on this economy. >> exactly. and the weakest spots, given that it's the second largest economy. now, we did see that return to growth for germany, which is a positive and will be a good gain forward. but say order box, very weak. demand, very weak. business confidence very weak and this is going to be hitting activity indicators going forward. >> even though the manufacturing side of it disappointed, the services was stronger. while services is a big part of the economy, it's where we're trying to see the rebalanc
of four americans in libya. she's the one, you'll recall, the president stood up using some pretty blunt language, saying that anyone who's got a problem with her has a problem with him. instead, there won't be a confrontation because late today, ambassador rice took herself out of contention, writing the president she's honored to be considered for the office, writing "i am fully confident that i could serve our country ably and effectively in that role. however, if nominated, i am now convinced that the confirmation process would be lengthy, disruptive and costly. that trade-off is simply not worth it for our country." >> i made the decision that it was the best thing for our country, for the american people that i not continue to be considered by the president for nomination as secretary of state, because i didn't want to see a confirmation process that was very prolonged, very politicized, very distracting and very disruptive, because there are so many things we need to get done as a country, and the first several months of a second-term president's agenda is really the opportunity t
brand joining us on the state of luxury. adam: right now it is time to check stocks. we will add to the floor of the new york stock exchange. nicole petallides standing there. we are looking to end the week which way. >> reporter: let's see. right now at 13,161, ever so slightly in positive territory. when you look at the markets, keep an eye on 13,155. that is where we ended last friday. we have been up four straight weeks several. the dow has been trending to the upside. when you talk to traders on wall street a continue to think that the rally is in place. the dow, s&p, and nasdaq gaining 45%. these last four weeks. "we are obviously looking good. you are seeing some of the names on the move here. for example, the fear indexes to the upside. names like alcoa, cisco, caterpillar, hewlett-packard are helping the dow along trying to keep the names that are helping. the weighing on the dow would be some of the stocks such as american express, merck, and exxon mobile. adam: we will check in again with you and roughly 15 minutes. thank you very much. lori: congress of for the weeken
what are they doing to each other? don't do it! there's some chance this might not be the u.s. congress. if it was in the house of representatives, i guess they'd be going house. all right. that happened in the ukraine. not only did i enjoy that fight people climbing on one another to get into the fight i loved the quote afterwards: >> cenk: oh, i see. they're worse off than we are. let's bring in michael shure to talk about boehner and how this nonsense is shaping up. good to see you. >> i think i have a little ukrainian in me, too. >> cenk: it's cool, it's cool, man. let's start with boehner. today he came out and gave the same stonewall answer that he always does, saying hey i want low taxes for the top 2%, i don't want to raise their taxes at all. what's amazing is how similar his language is to the same things he said back in 1993 dealing with president clinton. watch that. >> we republicans are rely gated to the sidelines even though we have a solid plan ready to go to reduce the deficit a plan with no tax increases and true cuts in government spending. >> the president still has
. it is a crazy story we've been talking about for the past two weeks. john mcafee will be joining us live on camera at 8:40 a.m. eastern. we're going to get the latest chapter in this mystery that has murder, mayhem and suspension. his life is the movie of the week, if you will, and we will have it live right here at 8:40. please, do not miss that. let's get you caught up on some of the other headlines this morning. house speaker john boehner and president obama met for the second time this week. both parties are trying to avoid the fiscal cliff. the men had a frank discussion and the lines of communication remain open, although no specific details were released. the meeting came after frustration in washington. this was house speaker boehner earlier in the day. >> republicans want to solve this problem by getting the spending line down. the president wants to pretend the spending isn't a problem. that's why we don't have an agreement. >>> president obama remains hopeful that a deal will get done. he he told a cbs affiliate that he's willing to do a lot more in cuts and spending, i seas,
"starting point" next. >>> the u.s. is deploying 400 troops, 2 air defense missile batteries to defend turkey against syria. we'll have a live report this morning. >>> ambassador susan rice takes herself out of the running for secretary of state. why did she do it? who will replace hillary clinton? >>> president obama and john boehner meet for 50 minutes, but didn't walk out with a fiscal cliff deal. but they didn't reach a deal, what's next? >>> why are these ukrainian lawmakers throwing punches. glad we're not there. >> not there yet. friday, december 14th. "starting point" begins now. good morning, everybody. our starting point, a developing story about syria's ongoing civil war and a new role for the united states. leon panetta signed an order to send two patriot missile batteries to turkey along with 400 u.s. troops to help the country defend against any u.s. action by syria. the move was expected as the rebellion destabilizes or begins to destabilize the assad regime. nick paton walsh has the latest for us. nick, good morning. >> reporter: good morning. 400 u.s. troops
:00 p.m., first responders benefited on long beach island. make sure you join us on monday. "squawk on the street" is next. >>> good friday morning. welcome to "squawk on the street." live at the nyse. a blowout session in shanghai overnight. best single day gain in more than three years on a pretty decent pmi. europe has also been a blend of red and green as the ft names ecb chief the person of the year. we're going to kick off with breaking news. for that would, we go to david faber. >> news on best buy, in the news yesterday. the stock up sharply. what we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. giving schultz the opportunity to look at not just christmas sales, but the end of their fiscal year, which will end at best buy
it is embarrassing to compared government funding for amtrak with u.s. government funding for domestic aviation and highway speed passenger >> to build and maintain one of the best highways systems in the world, we've spent $114 billion and built it over 45 years and today it would be $126 billion. con jex on our roads are at historic levels and by 2020 urban interstates will be at or over capacity. and anyone who has had the pleasure of flying recently they know the problems that plag our nation's airport ch airports, in fact, in spite of all this amtrak carries more riders from new york to boston than all other airlines put together. 50% of people that travel this distance. and between washington d.c. and new york city, amtrak carries twice as many passengers as all airlines come bind. today it carries 75% of inner city travel letters between new york and washington. amtrak has done all this with the threat of funding cuts and privatization especially of the profitable northeast corridor hanging over its head. we know that in other parts of the world privatization of hig
or to examine other possible secondary scenes, we took all those assets with us to ensure that they were right there immediately so that we could react if it was necessary. that's about all i have as far as details are concerned. i want to give you one more briefing probably just before 6:00 we'll try to get back up here for one more briefing. i'll take a couple brief questions but i must tell you there are certain things we cannot discuss at this time. i will take you right here. >> do you have anyone -- [ inaudible ]. >> there was one person that was injured that suffered an injury and did survive, yes. >> can you confirm -- >> i'm chris matthews and this is "hardball." we're watching the continuing coverage now on msnbc of the connecticut state police press conference. >> -- shooter's identity. >> not going to confirm the identity of the shooter. wl we're not prepared to do that. we have a tentative identification. we will, we will identify the shooter at an appropriate time. just for our investigatory purposes it's not appropriate to do that right now. yes? [ inaudible question ] >> again,
this morning. it's a big development in the fight against syria and a new level of u.s. involvement. we just learned within the past few hours the defense secretary leon panetta signed an order sending two patriot missile batteries to turkey. that's to assist that nation in defending against any pollible military action by syria. this move was expected as the civil war in syria destabilizes the assad regime with each passing day. in addition to this, 400 u.s. troops are going to turkey. they will be deployed to operate the missile batteries. cnn's nick payton walsh has the development. >> reporter: good morning. 400 personnel will be accompanying the batteries. let me give you history. over the past two months, we saw sporadic exchanges of fire across the border. syrian military firing into turkey causing often destruction and death. turkey often responding. that brought about this request to nato for patriot missile batteries. they're supposed to be there. this particular type better at taking out missiles in the sky rather than taking down aircraft. but this move part of a nato response. a
at the economy, the looming fiscal cliff. my partner, tyler mathisen kicks it off for us at the new york stock exchange. >> thank you very much. it is a quiet day down here at the new york stock exchange where the major averages are not really doing very much at this hour. let's take a look. the industrials are down 7 2/3 points at 13,163. nasdaq a little bit lower also in percentage terms. also a percentage at 29891.48. 2 3/4 right now at 1416.74. it would appear the markets are watchfully waiting to see what comes out of washington, if anything. of course, mr. boehner has gone back to his home in ohio for the weekend. the president is on duty at the white house. there are phones, as mr. boehner said, in southern ohio where he lives. if there are any developments, the two gentlemen certainly will be able to get in touch with one another. meantime, there are some individual stock stories of interest at this hour. and one of them concerns facebook. be a facebook lockup expires today and 150 million shares will open up on the market. the last time we had a lockup expiration many expected to see
less. >> warner: and we talk with ambassador marc grossman about prospects for afghanistan as the u.s. prepares to withdraw troops by 2014 and as he leaves his post as u.s. special envoy to the region. >> woodruff: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: violence continued across syria today as the united states welcomed a russian admission that syria's rebels may succeed in overthrowing president bashar al-assad. syrian state television showed >> woodruff: for more on all of this we turn to vitaly churkin, russia's ambassador to the united nations. thank you for joining us. let me begin by asking you about the comment today made by your deputy foreign minister mr. bog don november. he said today "it is impossible to exclude a victory of the syrian opposition." how would you describe
and about u.s. ambassador susan rice's decision to take her name out of consideration to be secretary of state. >> woodruff: then, we turn to the fiscal crisis here at home. andrew kohut explains the latest poll numbers, showing strong support for the way president obama is handling the negotiations. >> the democrats are better regarded in this negotiation than the republicans by a lot. >> warner: plus ray >> warner: plus, ray suarez gets two views on proposals to raise the age of eligibility for medicare to 67, from 65. >> woodruff: it's bottoms up tonight for miles o'brien who reports on genetic links to alcoholism and other addictions. >> so far as i know, there's no law against reporting under the influence, so here goes something. >> warner: and we talk with ambassador marc grossman about prospects for afghanistan as the u.s. prepares to withdraw troops by 2014 and as he leaves his post as u.s. special envoy to the region. >> woodruff: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. b
in benghazi. meanwhile former u.s. ambassador to the snuchlt john bolton explains why he thinks all of this suspect had aing. >> i think they had come to a political conclusion it was too costly for the nomination to go forward and she wanted to get her $0.02 on that. i wouldn't be surprised after a few friendly interviews there is more discussion about it. i think the administration wants to get this off the radar screen. >>> massachusetts democratic senator john kerry is now believed to be president obama's top choice to replace hillary clinton and secretary of state. don't expect ambassador tore rice to dispier. she is being mentioned as a pick for national security advisor a very important job that does not require senate confirmation and it is on the schedule to meet with president obama later on today. heather? >> thank you so much. no senate confirmation. that might be key. now it is time for a look at who is talking. >> charles krauthammer looking at his reason why he believes rice heyed the decision. >> had she been nominated benghazi scandal above been on the front page. w
against the u.s. skimping on care. host: this from sasha -- guest: that is one proposal that gets floated by democrats. medicare part d bargains for drugs. i do not know -- i do not think it would be a cure all, the one proposal that would fix everything. democrats think it would reduce the cost of medicare. host: is there a plan b? guest: we have seen them as the january 1 deadline before and get 30-day extensions. at some point they were working without an extension. medicare told doctors to hold off on submitting your claims for a little bit. that is a situation we have ended up in before. if we're talking months, we're talking about big pay cuts for medicare doctors. that would be uncharted territory. host: joe from arizona on the republican line. caller: good morning. if we look at it logically, sarah is on the right track. we have become a society with honesty as a technicality. you can get more money but you break the law. our society -- you need to stop your people on the show, politicians and say, i asked you a question and you didn't answer it. this is why the doctors in medicar
into the weekend. time now for the ktvu channel 2 morning news. >>> good morning. thank you for joining us on this friday morning, december 14th i'm pam cook. >> and i'm dave clark. let's check weather, traffic. steve you have pam wearing a sweater. >> it was cold yesterday. >> all day i was cold. >> it's cloudy out there right now. we had clear skies for awhile. a lot of that cold air is trapped. a little system coming down the coast. could be a little mixed presip. highs today very cool. mainly low 50s. here is sal. >>> good morning. right now traffic on interstate 680 looks pretty good -- let me turn that radio down. 680 looks good as you pass mission boulevard. also this morning's commute is looking good on the san mateo bridge. it's clear and cold. but no traffic problems. let's go back to dave and pac. >>> at 5:00 we are starting with developing news coming in now. there was a big earthquake just off the southern california coast. it was a magnitude 6.3. this hit about 2:30 this morning. about 163 miles south, southwest of avlon, california. no tsunami warning has been issued. no wor
. of course, we know this is a difficult transition. please work with us. we will continue forth until the president takes the airways, but we have to focus on apple. what went wrong in apple in china. where are they huge crowds of people tripping over themselves to get the new iphone five? after all, 300,000 reorders. 300,000. it sounds like a lot, but there are some are calling this launch this news, even a dad. will this further erode the stock which has plummeted 28% since that september? we decided to go beyond this. of the chinese over it? some months, the apple turnout, not at all what it was cracked up to be. investors are voting with their wallets. apple shares are down. just a couple of percentage points. important to know this is trading in a nine month low. add another 4 percent today, the negative comments adding to the selling pressure. the firm cutting its 2013 estimates and lowering its price target. we know that maybe the huge ones are not so huge in china because apple instituted an online reservation system. folks, let's not ignore it. the allies did not even come cl
, man. thank you. thank you to those of you at home for joining us for this hour. after what has been honestly an amazing day of news. it was 3:342 eastern this afternoon when nbc news, network news broke into regular programming with an exclusive special report. watch. ♪ >> this is an nbc news special report. here's brian williams. >> good day. we're coming on the air right now to break exclusive word that the united states ambassador to the united nations, ambassador susan rice, has transmitted word to the president of the united states that she is withdrawing her own name from any future consideration for nomination to become perhaps the next secretary of state following hillary rodham clinton. >> that was the news broken today by nbc at 3:40 in the afternoon. susan rice remains the u.s. ambassador to the united nations. and a high-profile one at that. she's known for being very close to president obama, a long-time friend and ally for the president. she's also known for being blunt. and for being aggressively intelligent. she is a rhodes scholar. she's stanford educated. she was
. as bad as it was. cnh proud component used in the semiconductor industry and today fire sent toxic fumes of smoke into the air. >> i think the reason we are seeing the heavy black smoke was all the combustible oil, flammable liquid and gases. >>reporter: here's what the side of the building looks like. it's completely exposed as you can see. gutted because the roof collapsed. company says it will try to resume operation just as soon as possible. >> get the people working again. but yes, it's devastating. you look at this and just amazing how fast it all went up. >> i'm devastated. i was just it's my job. i don't know what to say or what to do right now. real devastating. >>reporter: employee tried put out the fire with extinguisher. fire too big. you can see it was no. word yet as to how it started. >> extra security will be on site tomorrow at 2 cupertino schools after bomb threat forced them to close today. but this is a picture of the threat found scrawled on wall at lynn brook high school in san jose. claimed there was a bomb at mont strays high school and included a thre
. in fact, it's sitting on the lows of the session at 13,135. danny hughes is with us from divine capital and mark spellman from value line funds and joe greco on the flor with meridian equity partners and our rick santelli is standing by in chicago. rearranged priorities on this, and the market really reflects that. >> absolutely does, bill. a hard day to trade when you're so focused on the tragedy that's unfolding in front of us, and as the mother of a kindergartner and a pre-school child my heart goes out to these families. it's a real terrible thing. >> we do have business to conduct though in washington. >> we do. >> and when we last left that story it appeared there was very little progress made. how do you invest in that kind of an environment? >> even less is happening frankly, so, you know what, we have to do is still keep our eye on the ball and have to believe that at some point something will further itself, whether it happens whether we go over the cliff or before that. reinvest in companies that are dividend payers, that have an efficiency paradigm so whether they are invest
and that gunman is dead. as police have been telling us now, 20 children dead, 18 of them dead at the scene. and in addition to that, six adults are also dead, including the principal of the school. we understand that yet another adult was found dead at another location that police are not officially disclosing as of yet. and we are told that the mother of the suspected shooter, who is also dead at the scene, was also killed. she is a teacher and she was also killed at that school, according to our law enforcement sources. in addition to this, we are also told by our sources that another person is being questioned at this time but is not being called a suspect right now, and also that person is not being identified, wolf. so while the school is being called secure and safe by law enforcement authorities right now, they are -- they still have a lot of investigating to do. they have not officially released the name of the shooter or the other person being questioned or the names of any of the victims at this time. it's just an awful scene, and parents found out about this, wolf, when they rec
love the tincell on the tree. you can tweet them to us . send it to fox news.com. >> have a great day, we'll see you later. "fox and friends" starts right now. bye. >> >> gretchen: good morning, everyone. i am gretchen carlson. thanks for sharing your susan rice wants out. she asked not to be considered for secretary of state. that will push her involvement in libya right under the rug. >> steve: parents pleading for help. the united states government is joining the fight. can they fro our marine from mokesco. that's straight ahead ? >> brian: a high school basketball team lose by 105 poigns . other than the parents want to know why that was allowed to happen. tough love or basketball beat down. they definitely lost. "fox and friends" starts right now. >> i want to wish everybody happy hanukkah and happy christmas and go giants. mr. #1: yeah, there is scotty. >> brian: why are you taking sides, scott ? you just want all times to play well, right. >> gretchen: no, he doesn't. he is not a fair weather fan. i like that. he has conviction and says what he thinks. >> brian: those superbowl
scheduled a news conference for 1:00 eastern. joining us on the phone, msnbc analyst and former fbi profiler clint van zandt. clint, give us your read, your assessment, on this situation? >> well, we know that the shooter is dead. we don't know whether that is by law enforcement action when the first responding officers went in and confronted him or whether, as we saw in the portland, oregon, mall shooting this past week, whether the shooter actually shot himself committing suicide. we know that at least two handguns were found. you know, that takes us back to april 2007 when the shooter at virginia tech, in that case, who killed 32 and wounded 15, also had two handguns. what it does suggest, though, is that this individual went in there with carrying two handguns and perhaps other ammunition. he went in there apparently to confront someone. we're told that confrontation took place in the office of the school and may have spilled out from there. we're still trying to understand the number of victims and the level of injury. >> clint, you know, when we talk about these shootings, first off, t
handguns, at least one rifle. and then also bob, this a.p. report that john just brought us up to date on, that the brother may be in custody. what have you learned? >> i keep asking that question, all of our folks here working the phones and we're asking the question of various sources, is there one shooter? is there more than one shooter? who's the second person that was detained at the scene? and i have to tell you, so far all of the information we're getting-- it always comes with a caveat-- but it all seems to suggest there was one shooter. the person who was detyned near the shooting scene was a man described as wearing b.d.u.s, khaki fatigues and working near the woods. i had a number of people tell me we don't think he's a player in this. that said, now the associated press says they're talking to the shooter's younger brother as john made the point this might just be due diligence by investigators to obviously want to talk to available family members and friends and close associates. so we can't say one way or the other and i think we need to be careful about not getting out too
up an expert telling us why these exchanges could spell trouble for doctors, hospitals and insurance companies. liz: but what drove the market in the data download? stocks erasing weekly gains with all three major indices ending the week lower with the s&p snapping a three week winning streak. consumer discretionary and utilities for the week's worst performing sectors. the euro surged to its highest level in seven months at the dollar dropped for the fifth day in a row versus the euro to go up another penny to $1.31 is pretty significant, language for the dollar 30, see you hitting the intraday high, u.s. consumer prices dropping for the first time in six months in november following 0.3%. the decline was driven by 7% plunge in the government's gasoline price. dave: a lot to talk about and we will get those details. dan is in the pits of the cme. jason fried telling us why european equities might be the best place to be. and brian is going to tell you how to play these markets if we go over the fiscal cliff. let's start with dan. i want to start with apple. what to you hear from fol
, and my only american cousin dolores, who is visiting with us from florida. good to have all three of them here today. boomie is our champion. he has had two runaway games in a row. can he make it three against silas and beth? let's start finding out. good luck, players. here we go-- the jeopardy! round, and these are going to be your categories... each correct response beginning with that letter, of course. boomie, start us. dialects for $200, please. what is japanese? uh, dialects for $400. what is arabic? dialects, $600. what is german? uh, dialects for $800. what is spanish? dialects, $1,000. what is the philippines? "s" as in simile for $200. what is snug? simile for $400. what is slippery? simile--"s" as in simile for $600. what is sharp? simile, $800. what is stubborn? "s" as in simile for $1,000. what is still? you double your score to $2,000. uh, burns, baby, burns, for $200. what is sc? uh, burns for $400. whotland"auld lang syne"? uh, burns for $600. what is require? no. boomie. what is "desire"? burns for $1,000. and you're in the lead. i'd like to wager $1,200. all righty, her
the republican ranks. susan mcginnis starts us off this morning. susan, good morning to you. >> hi. good morning, terrell. the two men met for less than an hour, and that's not an encouraging sign. neither of them spoke during the meeting but what we heard before and after is neither side is budging on their core decisions, this as time to make a deal grows shorter. house speaker john boehner made the short trip up pennsylvania avenue to the white house thursday to talk to president obama about the fiscal cliff. the tax hikes and spending cuts set to kick in january 1st. they met for nearly an hour. both sides describe the discussion as frank. >> i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't a problem. that's why we don't have an agreement. >> president obama insists on raising taxes on the top 2% of earners, but even he recognizes that's a tough sell. >> the idea of not raising taxes has become sort of a religion for a lot of members of the republican party. >> speaker boehner accuses the president of dragging out negotiations. >> unfort
shows us what is left today. >> reporter: firefighters will be trying to figure out the caused to. take a look behind me. the building is not safe. they have secured it to keep people from getting inside. they are waiting until engineers can go inside and give the all clear that it is safe in there. this caught fire in fremont just before 2:00 yesterday afternoon. firefighters say the fire was intense, that the roof collapsed and they weren't able to go inside. there were about 60 employees inside the building when the fire started, one person even tried to put out the fire. >> i tried to do something but it just caught on too fast. it was pretty devastating. >> this fire was fully involved when we arrived. >> reporter: no one was literature. everyone got out okay. firefighters did evacuate a few buildings around c and h as a precaution but they cut it to this building. a firewall played a big role from keeping it spreading. director of operations at the company says they have good insurance and it will cover the lost wages for employees. amy hollyfield, "abc 7 news". >> kristen: there
americans in libya. you will recall the president stood up for her using blunt language saying anyone who has a problem with her has a problem with him. instead there won't be c confrontation because ambassador rice took herself out of contention writing the president she is honerred to be considered for the office saying, i am now convinced that the con pir fashion process would be lengthy, disruptive and costly and that trade-off is simply not worth it to our country. >> today i made the decision that it was the best thing for our country, for the american people, that i fn continue to be cred by the president for nomination of secretary of state because i didn't want to see a confirmation process that was very prolonged, very politicized, very distracting, and very disruptive because there are so many things we need to get done as a country and the first several months of the president's agenda is really the opportunity to get the crucial things done, we're talking about comprehensive immigration reform, balanced deficit reduction, job creation. that's what matters ep. and to the exten
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